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20121201
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Search Results 0 to 21 of about 22 (some duplicates have been removed)
of the main events of the task 12 months. >> in europe, it was all about the debt crisis. greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-buying program that manage to come down the markets -- calm down the markets. >> germany's finance minister says he thinks the worst is behind us. is he right? >> the wildfires in 2012 were the worst spain had experienced in years, but it was not the only disaster the country had to deal with. the financial sector was also in flames. right from the beginning of the year, it was clear that the eurozone had a tough time ahead. credit rating agencies handed out significant downgrades to spain and portugal in particular. europe's firefighting coalition of finance ministers hoped a fiscal pact with tight budgetary controls and national debt breaks would need future crises in the bud, but some economists were more realistic. >> the fiscal pact was basically superfluous. we already knew that all the countries were trying to cut back. weather or not they continue making cuts in 2018, which is what the fis
be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking, but if they see continued failure of eurozone finance ministers to agree to this, we might get the restoration of finance of duties, which of costa much trouble in recent years. the deadline for agreeing is no overarching bank advisory super body is meant to be in place on january 1. it does not look likely, and a lot of frustration at this meeting today with the sides deeply divided and no sign of agreement. that, of course, is the basic issue -- why has there not an overarching supervisory control? precisely because it was difficult to do then. the eurozone crisis highlighted that failure, and we've still got the same problems blighting the regular meetings of finance ministers. >> despite the eurozone crisis, german exports are still robust. >> we will have the latest on the german export data later on in the program, but first, in britain, the duchess of cambridge is said to be feeling a little bit better after spending
. in spain, that means one in every four people are out looking for work and a dependent on state aid. >> but it is not all bad news. ireland has managed to turn its major recession around and is now posting gains thanks to a lifeline from the e you. >> two years ago, ireland receive more than 67 billion euros from the eu bailout fund, and the money appears to have helped. the government was able to sink its annual deficit from 32% to 8.5% of gdp, and it is paying much lower interest on government bonds, and the irish economy is growing. only unemployment remains stubbornly high. in october, the jobless rate was still above the eurozone average at 14.7%, but in countries hard hit by the euro crisis, there were even more people out of work, and an increase, and employment is one of 25%. in spain, 26% were one in two young people is out of work. things are not quite that grim in italy, but more and more young people are looking for work. the youth unemployment rate is 36%, the highest since june 2004. >> we have to take a short break, but when we back, december 1 is world aids day. we w
brushoff warnings that the programs might not reduce greek debt enough. spain has formally asked for almost 40 billion euros in aid for its troubled banking sector. >> a strong indication that we have been successful in stabilizing the eurozone. spain now leads -- need less than originally assumed. the situation has improved. >> another trouble spot is cyprus. the country needs a bailout of between 10 billion euros and 17 billion euros. officials are waiting for our report on the island's banks. >> we now turn to our brussels correspondent. can you give us more details on how the buyback plan came about? >> the buyback program is supposed to help greece reduce its debt within a short period of time. that is a vital condition for the next tranche of funds that greece needs can be paid out. they gave the green light last week to pay out the money. they said they needed to have the greek debt burden reduced. the country is now trying to do that. it has put 20 bonds out on the market earlier this year. it is offering to buy them back at a very attractive price for investors. if that is successf
regulations. last week, as he issued a one- season than. most of the big stars and their cash in spain or england. >> in england, you already know the top for your clubs before the season starts, so full credit to hourly -- you already know the top four clubs. >> the league has been plagued by hooliganism, which has resulted in an empty stands. for years, the bundesliga has drawn the highest spectator numbers of any league in europe. combined with steadily rising television rights, they have made a solid foundation for german soccer. the only thing missing is that elusive european title. >> we hope they get it. if you are just joining us, you are watching the "journal" coming to you from dw in berlin. after a short break, we will take a look of the role of german chancellor angela merkel in solving the eurozone debt crisis. >> we will be right back. do not go away. >> welcome back. >> 2012 is coming to an end, and a lot of people in europe will be happy to see the old year out. not a day went by without worrying about the future of europe. >> not just for finance experts. a to was also
. most associations expect employee numbers to remain stable. >> it is a very different picture in spain where unemployment there remains at record highs. 25% of spanish workers remain out of a job, and with government spending being cut, that number is expected to increase. >> there has been a wave of protests throughout 2012. today, health workers hit streets in the capital, madrid. >> public health workers took their complaints to the door of the health ministry. >> the first thing we are going to notice is the decrease in the quality of care. other consequences will be a higher mortality rate. people will also stay sick longer. >> the prime minister's government is making cuts in many areas. that includes reduced unemployment benefits and cuts for civil servants. add to that a hike in the value- added tax. the combined savings are supposed to bring down spain's budget deficit. the eu is giving madrid more time to get its deficits in line. reductions in health spending are only part of the total to save, but the symbolic value of cutting medical care is great, and so is public anger.
. in countries like spain, up to one-half of young people are unemployed. under the european union boss proposed scheme, everyone under 25 who applies -- european union's proposed scheme, everyone under 25 who applies would be guaranteed a job or training within four months. >> we have to invest in europe's young people. we cannot afford to leave them. we have to give them the skills and experience they need to help them to get a job. >> the eu wants to fund the sceme -- scheme with money from the european bond. many are skeptical of the plans. >> i do not believe the suggestions will be successful. employers will be afraid of giving people work, so it will hurt those it's trying to help. >> whether it will really create more education and training programs is still unclear, as the suggestions are only recommendations to eu member states. >> bayern face off against a byelorussian team tonight. >> boresoff beat them in november. bayern are in top form. >> as if they were not scoring enough goals already, goetze is ready to go. he is first choice again in the champions' league. bayern are looking
in italy, spain, and france proved especially wary. only britain bucked the trend with a rise in new car sales. a decade it has been since the inclusion of the german media empire. the state appellate court in munich today ruled that deutsche bank must pay damages to the heirs of the deceased mogul. >> the court ruled that the former ceo of deutsche bank, seen here, was responsible for the collapse of the world's largest licenser of film rights. in an interview, this credit worthiness was question, driving the conglomerate into bankruptcy. damages are expected to range anywhere from 120 million euros to 1.25 billion euros. it was also a big topic at the frankfurt stock exchange today. our market correspondent gave us this report from the trading floor. >> for the deutsche bank, this verdict is more than just a verdict because it weighs heavily on the image of germany's biggest bank. also because of the fact that the trial is not the only one that the deutsche bank is faced with, and some analysts are fearing now that investors might lose their confidence in dutch bank and sell their shar
and spain. >> how different is it outside of europe in the wider arab world, the middle east? >> they are more accepted outside of europe because europe is a shocking and islamic bloc because there's a need to find a european identity, especially now in the crisis. >> where do you see this going? do you see the creation of a broader european islamic bloc? >> islam house oe been adapted to its cultural surroundings and we can see european islam coming up in a lot of centers in europe. >> his specialist in the dialogue between the islamic world and the west, thank you. onto soccer now. dortmund with another victory under their belts helping the reigning champions close in on the league leaders. their season has been punctuated by ups and downs, but on sunday and, they notched up another important victory in their title defense. >> warring on from the touch line, the caretaker urging his to stay compact. breached by mario. still, he did not play. fearing relegation. moments later, sven scoring a deserved equalizer. in the second half, again with the breakthrough gift. and the ea
, spain, and portugal in jeopardy. some families are having trouble putting a enough food are in the table. a lot of food gets thrown away. >> sabina has a lot of cleaning the to do. the food in her pantry is safe to eat, and bring in a way seems like a waste. the solution? food sharing. >> i often by more than i can eat. now i'm going on holiday and there will be no one to eat them, happy to share. >> anyone can donate items they don't want to throw away. a kilogram of fruit, gingerbread cake, cookies. for sabina, it is a way to help neighbors. heike's boys enjoy apples. those interested can sign up online. >> you have to have the right attitude. other people would throw this food away. >> most people find it hard to find the right amount. more often than not, they buy too much. on average, a german household throws away 80 kg of food per year. the film "tast the the waste" looks at this. the director is the creator of food sharing. >> we wanted to do more than just save a few heads of lettuce. we wanted to change people's heads. we hope we will learn to appreciate our food more. >> marma
. >> when it comes to improving grades, scientists in spain say girls have a leg up. they compared girls who walked or biked to school with girls who caught a ride. on average, the more physically active girls scored four points higher on math and verbal tests. the researchers say exercise made the difference, though they aren't sure why. it may have to do with increased blood flow to the brain. and here's something interesting -- exercise doesn't have the same effect on boys.  >> from one of the best cooking schools in the world to your kitchen, here's another easy and fun recipe from the culinary institute of america. >> hi, my name is aubrey, and today, i'm going to tell you and show you what to do with those old bananas. sometimes, we just buy way too many bananas, and before you can slice them all on your cereal, they turn black. today, i'm going to show you what you can do with those bananas instead of making banana bread. this recipe calls for frozen bananas, so let's pretend these are on their way out and kind of brown. we're going to peel the banana and put it into a freezer bag.
to improving grades, scientists in spain say girls have a leg up. they compared girls who walked or biked to school with girls who caught a ride. on average, the more physically active girls scored four points higher on math and verbal tests. the researchers say exercise made the difference, though they aren't sure why. it may have to do with increased blood flow to the brain. and here's something interesting -- exercise doesn't have the same effect on boys. i pledge allegiance to the flag of the united states of america... and to the republic for which it stands... one nation, under god... indivisible, with liberty... and justice for all. our disabled veterans pledged to sacrifice life and limb to ensure our way of life. now, they deserve our support. find out how you can help disabled veterans in your community. visit dav.org. of the united states of america... and to the republic for which it stands... one nation, under god... indivisible, with liberty... and justice for all. our disabled veterans pledged to sacrifice life and limb to ensure our way of life. now, they deserve our suppo
Search Results 0 to 21 of about 22 (some duplicates have been removed)